Lakshmi Vilas Bank Limited

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Govt approves merger of Lakshmi Vilas Bank with DBIL

The government on Wednesday approved merger of crisis-ridden Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL) and removed restrictions on withdrawal of deposits by depositors. The Union......

A 94-year old bank is part of history now; Lakshmi Vilas Bank becomes DBS India

Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old......

Will PNB acquire beleaguered Lakshmi Vilas Bank?

PNB has rich experience in the integration of commercial banks. The Reserve Bank of India (RBI) is learnt to have told state-owned Punjab National Bank to get ready to take over Lakshmi Vilas Bank......

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on Friday, leading to removal of all restrictions, including withdrawal cap of Rs 25,000, which the......

Reserve Bank supersedes boards of Srei firms

The Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over governance and payment defaults, and decided to refer the two......

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Lakshmi Vilas Bank Limited

News for Lakshmi Vilas Bank Limited

Govt approves merger of Lakshmi Vilas Bank with DBIL

A 94-year old bank is part of history now; Lakshmi Vilas Bank becomes DBS India

Will PNB acquire beleaguered Lakshmi Vilas Bank?

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

Reserve Bank supersedes boards of Srei firms

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